Solar project development costs increase in upwards of 50%, says Energy UK

Solar project development costs increase in upwards of 50%, says Energy UK

Published: 20 Feb 2023, 15:38 Solar project development costs increase in upwards of 50%, says Energy UK. Image: Pexels. The cost of developing solar projects has increased by up to 50% as a result of the Electricity Generator Levy and inflation, Energy UK has said. Due to the newly introduced Electricity Generator Levy, current inflation levels […]

Solar project development costs increase in upwards of 50%, says Energy UK Read More »

Last year sees 114% increase in MCS certified domestic solar installations

Last year sees 114% increase in MCS certified domestic solar installations

Published: 16 Feb 2023, 10:45 2022 saw MCS certified installations (163,341) marking the highest annual deployment since 2015, which saw 200,000 installations. Image: MCS. The Microgeneration Certification Scheme (MCS), has released its latest data showing that 130,596 solar photovoltaic (PV) systems were installed in UK homes last year – a 114% rise from 2021. This

Last year sees 114% increase in MCS certified domestic solar installations Read More »

Zenobē begins construction of 300MW battery energy storage project in Scotland

Zenobē begins construction of 300MW battery energy storage project in Scotland

Construction begins following £235 million long-term debt financing facility. Image: Zenobē. Zenobē Energy has started construction of a 300MW/600MWh battery energy storage project in Blackhillock, Scotland, following the news earlier this week of a £235 million long-term debt facility secured from five banks. The project, which will be situated between Aberdeen and Inverness, will be the first

Zenobē begins construction of 300MW battery energy storage project in Scotland Read More »

Zenobē secures £235 million to develop two battery energy storage projects in Scotland.

Zenobē secures £235 million to develop two battery energy storage projects in Scotland.

The projects were awarded to Zenobē following an application to National Grid ESO’s Stability Pathfinder process. Image: Zenobē Energy Zenobē Energy has secured a £235 million long-term project finance debt facility structured by NatWest. The company will use the funding to develop its next two grid-scale, transmission connected battery project storage assets in Scotland with

Zenobē secures £235 million to develop two battery energy storage projects in Scotland. Read More »

Bulb joins call for VAT on green products to be scrapped ahead of ‘tax day’

Good Energy launches new smart export product for Feed-in-Tariff customers

Image: Giorgio Trovato (Unsplash). Energy supplier Good Energy is launching a new smart export product for its Feed-in-Tariff (FiT) customers. This marks an “evolution for the business”, the company said, as the scalability of smart export offers significant potential. Customers that choose to move to a smart export will receive payment for the actual amount

Good Energy launches new smart export product for Feed-in-Tariff customers Read More »

Foresight continues to focus on fixed revenue streams as it eyes battery storage

High demand for cheap renewables sees Scottish solar interest soar

Power station closures also contribute to growing solar interest. Image: Andreas Gücklhorn (Unsplash). Power station closures in Fife and East Lothian, combined with rising interest in cheap, renewable energy has seen demand for solar PV soar in Scotland, property consultancy Galbraith has said. According to the organisation, solar had been lagging behind its counterpart wind

High demand for cheap renewables sees Scottish solar interest soar Read More »

Cheshire East to add 4.1MW solar farm to bolster carbon neutrality by 2025 target

Cheshire East to add 4.1MW solar farm to bolster carbon neutrality by 2025 target

Published: 10 Feb 2023, 11:24 4.1MW solar farm to provide renewable energy for compositing plant in Crewe. Image: Cheshire East Council. Gamma Energy is developing a 4.1MW solar farm at Leighton Grange Farm, Crewe, in Cheshire East. The solar farm is expected to be completed by the end of 2023 and will provide renewable energy

Cheshire East to add 4.1MW solar farm to bolster carbon neutrality by 2025 target Read More »

Scroll to Top